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LendingClub offsets cooldown in loan-buying demand through new product

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. LendingClub announced this month that,.. Read More;

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Mortgage rates creep on up

National Mortgage
Mortgage Finance
2 years ago

Mortgage rates rose for the seventh consecutive week, inching closer to the 8% mark, a level some lenders have already,.. Read More;

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Mortgage payments decreased in September

National Mortgage
Mortgage Finance
2 years ago

The median monthly mortgage payment for new home purchases went down in September, marking the first time in four months,.. Read More;

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Altisource completes majority of cuts, shores up financing

National Mortgage
Mortgage Finance
2 years ago

Altisource Portfolio Solutions remained in the red during the third quarter but saw gains in some underlying financials from reduced,.. Read More;

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Pending home sales rise but index stays near record low

National Mortgage
Mortgage Finance
2 years ago

A gauge of pending U.S. previously owned home sales unexpectedly rose in September but remained near the lowest level on,.. Read More;

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VantageScore could add $1 trillion in annual originations

National Mortgage
Mortgage Finance
2 years ago

A legislation-mandated credit score update could do a lot to help a mortgage market running short on viable origination leads,,.. Read More;

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Challenges aside, mortgage leaders see benefits in offering SPCPs

National Mortgage
Mortgage Finance
2 years ago

While lack of affordability still plagues the housing market, mortgage and housing leaders are looking for ways to address racial,.. Read More;

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Will banks sue over the Community Reinvestment Act rule?

National Mortgage
Mortgage Finance
2 years ago

Federal Deposit Insurance Corp. board member Jonathan McKernan said in his dissent over a newly-finalized Community Reinvestment Act overhaul that,.. Read More;

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Jamie Dimon criticizes central banks for getting forecasts wrong

National Mortgage
Mortgage Finance
2 years ago

"Fiscal spending is more than it's ever been in peacetime, and there's this omnipotent feeling that central banks and governments,.. Read More;

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CFPB says consumers paid $130 billion in credit card interest and fees

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau found in a report Wednesday that consumers paid some $130 billion in credit card interest,.. Read More;

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Mr. Cooper exec eyes retirement as earnings hit a high note

National Mortgage
Mortgage Finance
2 years ago

Mr. Cooper reported a surge in earnings fueled by intensified net gains in servicing during its third quarter, but also,.. Read More;

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More HECMs could be used for home purchases under proposed changes

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Administration proposed a change to its Home Equity Conversion Mortgage for Purchase program that could expand its,.. Read More;

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